Family Takaful Product Development Committee

SYARIKAT TAKAFUL MALAYSIA AM BERHAD 
 (201701032316 [1246486-D]) 
(Incorporated in Malaysia) 
TERMS OF REFERENCE OF THE NRC (C
ONT’D) 
 
 
 
 
 
4 
director’s fees from subsidiaries of the Company in which he is a director 
should be nominal and not excessive. 
NRC shall also undertake such other duties and responsibilities as determined by the 
Board of the Company.
 
4.0 
COMPOSITION 
 
4.1 
NRC shall consist of at least three (3) Non-Executive Directors, a majority of 
whom are Independent Directors.
4.2 
NRC shall comprise directors who have the skills, knowledge and experience 
relevant to the responsibilities of NRC. 
4.3 
A member of NRC shall abstain from participating in discussions and 
decisions on matters directly involving him/her in order to avoid conflicts of 
interest.
 
5.0 
CHAIRMAN 
 
The Chairman of NRC must be an Independent Non-Executive Director or Senior 
Independent Non-Executive Director and cannot be the Chairman of the Board.
 
6.0 
SECRETARY 
 
The Secretary of NRC shall be the Company Secretary of the Company or such other 
person(s) appointed by the Board. 
7.0 
MEETINGS 
7.1 
NRC may meet regularly as and when required, together for the despatch of 
business, adjourn and otherwise regulate their meetings. The Chairman may 
call for additional meetings at any time upon his discretion. 
7.2 
NRC may invite other Directors, employee or advisor to attend the NRC 
meeting (or any part of it) as it may deem fit. 
7.3 
A meeting of the NRC may be held either:- 
(a) 
by a number of the NRC members who constitute a quorum, being 
assembled together at the place, date and time appointed for the 
meeting; or 
(b) 
by means of audio, or audio and visual, communication by which all 
NRC members participating and constituting a quorum can 
simultaneously hear each other throughout the meeting. 
7.4
The quorum for the NRC meeting shall be two (2) members with Independent 
Directors forming the majority. Participation by a person in a meeting by 
means of audio, or audio and visual, communication facilities shall be treated 
as presence in person by that person at the said meeting and shall be 
counted towards the quorum notwithstanding the fact that he/she is not 
physically present at the venue where the meeting is to be held. 
7.5 
The notice of meeting shall:- 

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